The Securities and Exchange Commission of Zimbabwe has admitted Chengetedzai Depository Company’s Securities Lending and Borrowing (SLB) service into its regulatory sandbox, effective from 12 March 2025. The Commission will monitor and guide the sandbox testing for six months as an investor protection measure. The notice describes securities lending and borrowing as transactions where securities are lent or borrowed between parties, with the borrower required to provide collateral. Registered stockbrokers will act as intermediaries in these transactions.
Securities & Exchange Commission of Zimbabwe 2025-03-11
Securities and Exchange Commission of Zimbabwe admits Chengetedzai Depository Company securities lending and borrowing service into its regulatory sandbox
The Securities and Exchange Commission of Zimbabwe has admitted Chengetedzai Depository Company's Securities Lending and Borrowing service into its regulatory sandbox starting 12 March 2025. The Commission will oversee the six-month testing period to ensure investor protection, with registered stockbrokers serving as intermediaries.